A Game Changer Product by Edelweiss Tokio Life – Wealth Plus Ulip Plan

By | December 1, 2017

Edelweiss-Life-Tokio-Logo

Edelweiss Tokio Life Insurance launched its new product “Wealth Plus” live on Twitter on November 18th, 2017. This product launch was held at Edelweiss Group House, Mumbai. The launch was filled with bloggers and speakers from the finance industry and some big names from Edelweiss itself. Edelweiss Tokio Life insurance’s MD and CEO, Deepak Mittal was himself present for this occasion as a support system for his team to acknowledge this “unyakeenable” product.

The product launch was kick-started by a brief introduction from the MD and CEO, Deepak Mittal regarding the inception of Edelweiss firm and how it developed in the coming years and is now a pioneer in the Insurance market. Also, in his introduction, he mentioned that the product “Wealth Plus” is aimed at wealth creation where longer the policyholder invests, the more the firm will contribute to his/her funds. Such an exciting introduction was enough to wait for the details of the entire product eagerly.

After the CEO, one of the members of the Edelweiss panel, Mr. Subhrajit, threw some light on the product and how it was different from the other products available in the market. The explanation and the real-life case studies portrayed by him were absolutely spot on, and the product really looked a definite “unyakeenable” option for everyone. Then the podium was set to unveil the main product. The product has a unique feature where if the policyholder has taken a 20 year’s plan, so the company, i.e., Edelweiss will also contribute some amount to the account of the policyholder.

Related Post -   Freedom Of Speech: A Self Defeating Argument

Figuratively speaking, if one decides to invest 100 rupees for 20 years, the company will contribute 1% of the annual premium every year in the first 5 years; again 3% for the next 6-10 years; 5% for the 11-15 years and further increasing to 7% for the final 5 years. The total amount contributed by Edelweiss will be 80% of one annual premium invested. The plan also has many benefits like Rising Star benefit which will make sure that the money invested is secure if any mishap takes place in your life, making your child’s future secure.

Moreover, after a very interesting session by the Edelweiss team, questions from the bloggers were answered by the team. The team made sure that all the questions or queries were cleared about the product. Also as it was live streaming on Twitter, the crowd was so enthusiastic that they made the product launch trending on Twitter. The product is indeed an unmatched product in the insurance business. It could well be said as a revolutionary move by the Edelweiss team for bringing such an awesome insurance plan.

Related Post

Relevance of Startup Ecosystems in the Current Indian Economy. Narendra Modi, the Prime Minister of India announced “The Start-Up India” Initiative to encourage entrepreneurship and innovation ...
RBI Issues Rs 2000 Note with Features RBI (The Reserve The Bank of India) has issued Rs 2000 note on the second week of November 2016 following the discontinuation of R...
Top 10 Engineering Colleges in India Engineering is one of the most popular graduation courses among the students enrolled in science stream. Although making a career ...
RBI Issues Rs 500 Note with Features RBI (The Reserve The Bank of India) has issued Rs 500 note on the second week of November 2016. Government of India have discon...
RBI Launches Rs 150 Coin You might have seen the 10 rupee coins released by the Reserve Bank of India, but have you seen the Rs 150 coins released by them?...
How Safe Is Your Train Travel? India has a wide network of railways. This is the preferred medium of travel in the nation owing to the convenience that it offers...
Bajaj Allianz Life Insurance’s New Product could change the face ... Insurance is a protective measure to cover the risk of erratic but costly events. Traditional term life insurance policies are a s...
5 Amazing Dog Park Benefits in India For dog owners in the urban areas with sizable pet dog population, a fenced-in, off-leash dog park can be the best thing in the wo...
How Does India Celebrate Holi Girls Playing Holi | Photo credit: wallpaperseries.com Holi is a spring festival also known as the festival of colors or the f...
Why Facebook is Supporting Digital India Campaign? Most of us are still wondering as to why Facebook is supporting the Digital India campaign. Facebook is going to offer free intern...